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go to europe. so china's been hurt badly by the european recession, too, programs more than we are. no matter how hard the chinese government tries to simulate it's on economy the people's republic is an export driven nation and the slow down in europe crushed their efforts. we see the efforts of that slowdown pretty much with every piece of data coming out of china, including weak data last night. europe got so bad that many of our major companies have been reporting shortfalls or slowdowns. almost all the industrial companies we talked to have been hit and it's europe. all of technology, even google. think about these industries, travel, finance, oil and gas, chemical, steel, you name it. even the food and drug companies as the europeans trade down in record numbers and their government stopped paying for reimbursing for many of the revolutionary medicines developed here in this country. don't believe me? why don't do you this, why don't you go back and read an all sellgene's koumps call the ceo
go to europe. so china's been hurt badly by the european recession, too, programs more than we are. no matter how hard the chinese government tries to simulate it's on economy the people's republic is an export driven nation and the slow down in europe crushed their efforts. we see the efforts of that slowdown pretty much with every piece of data coming out of china, including weak data last night. europe got so bad that many of our major companies have been reporting shortfalls or slowdowns....
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May 27, 2013
05/13
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they are not investing in europe. they are contributing to the culture in europe. in this area, i think even if we design adequate cultural products, i think we should maintain the inclusion of the irish president, said in the 14 months. >> thank you very much chair commissioner. we have a lot in common with the u.s. we have the same values and history. we are cooperating for security and defense. of course, there are areas of trying to outdo each other. but we are also competing with each other within the union. we also compete with the states. we talk about the future trade agreement with the states. futuretalking about the trade agreement with the states. it will facilitate an investment trade exchange between the union and the u.s. it is going to be favorable. americanides, on the side and for the european consumers and companies. i see two fields, which are contention here. we talk about the intellectual property rights, and the cultural exception. maybe in the future, it should be discussed somewhere else. if we discussed culture, it should not make for agric
they are not investing in europe. they are contributing to the culture in europe. in this area, i think even if we design adequate cultural products, i think we should maintain the inclusion of the irish president, said in the 14 months. >> thank you very much chair commissioner. we have a lot in common with the u.s. we have the same values and history. we are cooperating for security and defense. of course, there are areas of trying to outdo each other. but we are also competing with...
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it is time for us to settle this question about britain and europe. well that's still to come this hour we take a look at the latest twist in iran's nuclear deadlock and hear the story of a family which fell victim to the u.k.'s justice system that's in just a couple minutes stay with us. pakistanis have gone to the polls and elected the new parliament what will the new government do domestically and in the area of foreign policy particularly washington's drone war with growing economic dislocations in a very threatening taliban ok and should pakistan move forward and will the military continue to watch from the side was. he to. talk about the program now of course in the u.k. it's been a stoking controversy exercising sweeping powers to decide the fate of families individuals judged unfit to make their own decisions children have been separated from their parents and some people even jailed a secretive body called the court of protection. met one family at the center of one of the most notorious cases. when john maddox was diagnosed with dementia his
it is time for us to settle this question about britain and europe. well that's still to come this hour we take a look at the latest twist in iran's nuclear deadlock and hear the story of a family which fell victim to the u.k.'s justice system that's in just a couple minutes stay with us. pakistanis have gone to the polls and elected the new parliament what will the new government do domestically and in the area of foreign policy particularly washington's drone war with growing economic...
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europe how to avoid the relegation play offs on the last day in the russian premier league. and loads of the ring alexander given talent to return to tame the beast not that bad a carry such as a shock defeat on a night atop l.a.'s may action in moscow. but first a football whereby in munich won the champions league with a thrilling last two one win over brasil dortmund in the first ever all german european cup final at wembley because of him to top off reports from london.
europe how to avoid the relegation play offs on the last day in the russian premier league. and loads of the ring alexander given talent to return to tame the beast not that bad a carry such as a shock defeat on a night atop l.a.'s may action in moscow. but first a football whereby in munich won the champions league with a thrilling last two one win over brasil dortmund in the first ever all german european cup final at wembley because of him to top off reports from london.
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it is time for us to settle this question about britain and europe. david cameron's under increasing pressure to guarantee a vote on the case of future in the you will have a sell out of britain's european partners fear that such a divorce could cause a strong to. europe's financial troubles are said to be fuelling a far right movements across the bloc include. with and it's not just economy neo nazi activists are preparing to march in germany there today and made accusations the country's authorities have underestimated the extremist threat that appears to be the case for other members to as artie's piece all of the now reports from britain in the west to greece in the east far right groups are making their voices heard. this financial crisis affected everyone and it has allowed the right wing organizations to give people someone to blame for their problems it's those people's fault that is how they were crude. greece has seen a marked increase in support from the far right to not see groups golden dawn and her organization divided by the critics who
it is time for us to settle this question about britain and europe. david cameron's under increasing pressure to guarantee a vote on the case of future in the you will have a sell out of britain's european partners fear that such a divorce could cause a strong to. europe's financial troubles are said to be fuelling a far right movements across the bloc include. with and it's not just economy neo nazi activists are preparing to march in germany there today and made accusations the country's...
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minister for europe thank you. it is time for us to settle this question about britain and europe. david cameron's under increasing pressure to guarantee a vote on the pace of future in the league you will have a sell out of britain's european partners fear that such a divorce code is a strong thing. the cash strapped european union is mounting a crusade against the continent's banking hubs brussels declares open season on account privacy tax evaders a light with even those outside the union pressured to change their rules but have more on that later. but first moscow's efforts to launch direct negotiations between the conflicting sides in syria is now receiving support from the united nations secretary-general ban ki moon is the latest in a string of high profile figures to visit russia to discuss the syrian civil war has given the green light to russia's talks in the shit if you were going off is following the diplomacy in the black sea resort of sochi. well after meeting with russia's leadership the un secretary-general ban ki moon agreed that the conflict in syria could only be
minister for europe thank you. it is time for us to settle this question about britain and europe. david cameron's under increasing pressure to guarantee a vote on the pace of future in the league you will have a sell out of britain's european partners fear that such a divorce code is a strong thing. the cash strapped european union is mounting a crusade against the continent's banking hubs brussels declares open season on account privacy tax evaders a light with even those outside the union...
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britain is important but the truth is of course europe could survive without britain it still would be european union it would be still a very large market it is possible it is thinkable we can have a european union without britain among germany's euro skeptics there's a grudging respect for their british counterparts challenging brussels bureaucracy however they fear they could be in for more of that bureaucracy should the u.k. leave it will probably have a backlash for the european thinking and then they may think well now we have these odd balls out and we can go even further with your way of centralizing everything and even overregulating more than we have already and how do the german people feel about britain looking into divorce. if they want to go then they should if they don't use the euro it's not really. i couldn't care less but if that's what they want then we'll just continue without them. they can't leave europe never became part of it because of their island mentality and colonial past. when you know they are not in the euro zone if they want to leave i say go for it i'm
britain is important but the truth is of course europe could survive without britain it still would be european union it would be still a very large market it is possible it is thinkable we can have a european union without britain among germany's euro skeptics there's a grudging respect for their british counterparts challenging brussels bureaucracy however they fear they could be in for more of that bureaucracy should the u.k. leave it will probably have a backlash for the european thinking...
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they can't leave europe never became part of it because of their island mentality and colonial past. when you know they are not in the euro zone if they want to leave i say go for it i'm not sure what they'll get out of it. those germans that say that they are concerned whether the u.k. remains in the european union or not they find their infer something of a shock should the united kingdom opt for independence because if the u.k. were to leave the single market would string by fifteen percent and three hundred billion euro worth of annual trade would face extra costs and this would affect of course everyone those in german chancellor angela merkel's own party have wondered if the u.k. is a truly became a member of the e.u. great britain the intricate part of your for more than one thousand years has always been uneasy with being a member of the european union so now it comes to the fore we have to deal with the summer i think promised britain a referendum on e.u. membership it's going to be almost impossible for this government of the next to take the issue off the agenda if that sp
they can't leave europe never became part of it because of their island mentality and colonial past. when you know they are not in the euro zone if they want to leave i say go for it i'm not sure what they'll get out of it. those germans that say that they are concerned whether the u.k. remains in the european union or not they find their infer something of a shock should the united kingdom opt for independence because if the u.k. were to leave the single market would string by fifteen percent...
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while europe will run with the top and bottom two already confirmed it was a scramble to get into europe turn to avoid the relegation play offs on the last day in the russian premier league. and loads of the ring alexander given gallacher returned to tame bob the beef fat but bad akari such as a shock defeat on a night of talk may action in moscow. but first a football whereby in munich won the champions league with a thrilling last gasp two one win over brasil dortmund in the first ever all german european cup final at wembley because they were brought up off reports from london by in munich came into the fore and on the back of a seventy legged stunning or barcelona while dortmund saw real madrid for three to prove the triumph of german efficiency over spanish flair on the european stage and after two seasons of dortmund supremacy in the bundesliga boy and also regaining this year's the mystic title the twenty third in their history. the minute jones finished the season twenty five points ahead of their rivals and arrived at their third champions league final in four years as hold favo
while europe will run with the top and bottom two already confirmed it was a scramble to get into europe turn to avoid the relegation play offs on the last day in the russian premier league. and loads of the ring alexander given gallacher returned to tame bob the beef fat but bad akari such as a shock defeat on a night of talk may action in moscow. but first a football whereby in munich won the champions league with a thrilling last gasp two one win over brasil dortmund in the first ever all...
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well let's be clear we're not talking about europe not trading with them were the u.k. to leave europe there would have to be a negotiation about what sort of trading relationship would continue to exist and there is little doubt that it is in the interests of the states that would remain in europe and the eurozone and germany and france to have good trading relations with the u.k. just as it is in the interest of the u.k. to have good trading relations with the rest of europe the idea that were we to leave the we would then not have trading agreements don't have free trade access not negotiate things that would be in the band of benefit both to europe and to the u.k. but that's just not the case and the germans want to sell us mercedes and b.m.w.'s just as we want to sell things to the germans and the rest of you you so whether we want to stay or to leave there is no doubt that a close trading relationship will exist for many years still to come when looking at this debate i mean it seems like there are two camps of the moment the political one and the economic one it
well let's be clear we're not talking about europe not trading with them were the u.k. to leave europe there would have to be a negotiation about what sort of trading relationship would continue to exist and there is little doubt that it is in the interests of the states that would remain in europe and the eurozone and germany and france to have good trading relations with the u.k. just as it is in the interest of the u.k. to have good trading relations with the rest of europe the idea that...
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May 2, 2013
05/13
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CNBC
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better than expected results in europe as well. it hopes to break even in europe. where it has reported 13 straight years of losses. you may recall the new gm went public at $33 a share. >> coming up next, the government's hunt for a whale. sac capital. bethany just wrote a new piece for vanity fair. lloyd is on. he's up in just about 18 minutes. before the break, check out these hitting an all time high. up 6.25% at 176.39. ombines invet management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. >> another insider trader getting time in the slammer. todd newman has been sentenced to 4.5 years in prison. he was convicted in december for insider trading offense. practically everybody elts f. it says any criminal sanctions brought against an analyst will lead to compensation call babs. we are banning contact with company employees that are not part of senior
better than expected results in europe as well. it hopes to break even in europe. where it has reported 13 straight years of losses. you may recall the new gm went public at $33 a share. >> coming up next, the government's hunt for a whale. sac capital. bethany just wrote a new piece for vanity fair. lloyd is on. he's up in just about 18 minutes. before the break, check out these hitting an all time high. up 6.25% at 176.39. ombines invet management & investment servicing, giving us...
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europe's running out of skilled engineers and some of the continent's leading manufacturers say that's forcing them to move their research and development to asia they say it's one of many ramifications from bill long lasting economic crisis which is only set to deepen in the coming years has a story. manufacturers and industrialists have been voicing their concerns sounding the alarm over what they say is a locker shortage of skilled talent here in europe now this does add another layer to the story of employment or lack thereof here in the bois as the economic crisis continues and then we're in an interview would be a financial times the c.e.o. of siemens europe's largest engineering group had said of this problem is particularly acute in contra like in germany and in turn this affects their competitiveness which forces them to move substantial parts of their research and development to countries like china and india and all of this is being set as the block is facing record unemployment or we spoke with a research fellow from the eggman institute to give us a bit more insight into w
europe's running out of skilled engineers and some of the continent's leading manufacturers say that's forcing them to move their research and development to asia they say it's one of many ramifications from bill long lasting economic crisis which is only set to deepen in the coming years has a story. manufacturers and industrialists have been voicing their concerns sounding the alarm over what they say is a locker shortage of skilled talent here in europe now this does add another layer to the...
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as russia's largest investor so there is less of an inflow coming from europe when europe is in crisis . the other issue is that there are more outflows from russia abroad because russia is seen as being susceptible to the european downturn and finally of course the other very important trend. emission mechanism is wool prices through the oil price channel the crisis in europe affects russia so what is russia is trying to do is to diversify its economic links and to develop links with asia with other parts of the google doesn't happen very quickly yeah it will take time but it is encouraging to see the paradigm of russia's economic forum economic policies changing it's starting to forge alliances with countries in the far abroad like new zealand like vietnam like aussie i mean it's like taking virtue from the city i mean this was something that was thought about now you have to do it you don't have much choice. we have to do that and we have to turn toward tools sells. even excluding china because cells growing much faster i will say we have to turn to africa which i guess is the next
as russia's largest investor so there is less of an inflow coming from europe when europe is in crisis . the other issue is that there are more outflows from russia abroad because russia is seen as being susceptible to the european downturn and finally of course the other very important trend. emission mechanism is wool prices through the oil price channel the crisis in europe affects russia so what is russia is trying to do is to diversify its economic links and to develop links with asia with...
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economic power and efficiency why can't we have more control of our political and economic standing in europe. how do you see bavaria going about trying to achieve independence. and if. there's a brilliant democratic solution for that the people should decide the bavarian constitution attributes and especially high status to any referendum and there have been referendums in bavarian history certainly i would never agree to an independent bavaria that would not be conscious about its responsibilities as part of germany and as part of europe but the various should have more say as regards its political and economic status this is all the more important since brussels as well as berlin have been continuously taking on new competencies in the past decades case in point as far as finance is concerned is the german inheritance tax which is levied in all of the states by the federal government even on fiscal matters it isn't the states who get to make decisions but the federal policy makers in berlin this cannot last forever have you looked at independence campaigns in other parts of the world i'm t
economic power and efficiency why can't we have more control of our political and economic standing in europe. how do you see bavaria going about trying to achieve independence. and if. there's a brilliant democratic solution for that the people should decide the bavarian constitution attributes and especially high status to any referendum and there have been referendums in bavarian history certainly i would never agree to an independent bavaria that would not be conscious about its...
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May 1, 2013
05/13
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and that's the way we stand in europe. not many markets in asia open either, but sichulee sixan is jg us. >> most forces are closed for labor day celebrations. japan and australia were opened for business, ending mostly in the red today. in japan, earnings news still driving the markets with weakness coming from the airlines and the worst than expected annual numbers. fuji film bucked the downtrend, rallying over 6% after it forecasted a 23% jump in operating profit on year. in australia, the stock market and the aussie dollar didn't react much to that weaker than expected china pmi data, but softer metals and oil prices overnight dragged the commodity plays lower. as you can see, the major miners and oil majors shed some 1% to 2% today. back to you. >> all right, sixuan, thanks very much indeed for that. that is the latest on the asian markets that are open. it's a quiet day around the globe, kelly. >> that's right, ross. perfect day to head to the website on cnbc.com. you can read about how the yield on italy's ten-year
and that's the way we stand in europe. not many markets in asia open either, but sichulee sixan is jg us. >> most forces are closed for labor day celebrations. japan and australia were opened for business, ending mostly in the red today. in japan, earnings news still driving the markets with weakness coming from the airlines and the worst than expected annual numbers. fuji film bucked the downtrend, rallying over 6% after it forecasted a 23% jump in operating profit on year. in australia,...
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May 4, 2013
05/13
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the city is not dissimilar to the former coal mining areas of western europe. soccer is popular here. the stadium co-host of the european championships. but they do not just mine coal here. close by is one of the biggest salt mining areas of europe. salt has been mined here for 130 years. that has left an underground labyrinth 300 meters below the surface. it is a little spooky. what do you do with so much empty space? how about this? one of the deepest soccer fields in the world. but who plays here? a few hundred meters further on, we find the next surprise -- people live down here. and they are doing gymnastics. >> we blow ourselves up like a balloon. and we let the air out again. >> welcome to the sanatorium. courses of treatment for lung conditions last three weeks here. patients live and sleep under ground. they go to the surface twice a day to shower and for meals. most suffer from asthma. >> i was scared at first. i watch a lot of horror movies. if you have that stuff on your mind, it is pretty scary here. but i am used to it now. >> her grandmother says
the city is not dissimilar to the former coal mining areas of western europe. soccer is popular here. the stadium co-host of the european championships. but they do not just mine coal here. close by is one of the biggest salt mining areas of europe. salt has been mined here for 130 years. that has left an underground labyrinth 300 meters below the surface. it is a little spooky. what do you do with so much empty space? how about this? one of the deepest soccer fields in the world. but who plays...
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today at the meeting bring europe a mrs. william hague made a bizarre start when he said that that the embargo is lifted that extremism would flourish a chance for you all because we know that extremism in syria has lost simply because of the pump into the country the hague must know he must surely know there's no must that there's no way that the groups can recover from where they are now if they can't overthrow the governments know whether to do that so why is he saying this and the only reason he can't have a saying is is that he wants to have a card in his hand when this conference begins next month in geneva that you know in other words that can be told of a lesser degree to what we want we're going to continue arming the rebels there's no other possible motive with him wanting to do that and of course france is with him but we know that this even split the european union right down the middle number of countries are totally opposed to us and i think very quickly they see that sending arms into syria is only going to ma
today at the meeting bring europe a mrs. william hague made a bizarre start when he said that that the embargo is lifted that extremism would flourish a chance for you all because we know that extremism in syria has lost simply because of the pump into the country the hague must know he must surely know there's no must that there's no way that the groups can recover from where they are now if they can't overthrow the governments know whether to do that so why is he saying this and the only...
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May 15, 2013
05/13
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it has created problems for politics in europe. economic integration should be good for them, but they do not believe that anymore. >> the study also reveals a widening gulf between germany and other eu states. in general, germans were far more upbeat. 75% of germans expressed a positive opinion of the economic condition. in spain, the figure was just 4%. the reason is that germany's economy remains relatively buoyant. meanwhile, spain is suffering under record unemployment, and especially young people see few options looking for work. >> so the next generation of people who have spent their entire lives being educated that the future is in a united europe have begun to lose faith in that idea. >> europe, it seems, is anything but unified, but there is one thing europeans can agree on -- majorities in every country say that they are dissatisfied with the job their political leaders are doing. >> a canadian astronaut became a music sensation when his zero gravity version of david bowie's "space oddity" with a viral. >> now, he has b
it has created problems for politics in europe. economic integration should be good for them, but they do not believe that anymore. >> the study also reveals a widening gulf between germany and other eu states. in general, germans were far more upbeat. 75% of germans expressed a positive opinion of the economic condition. in spain, the figure was just 4%. the reason is that germany's economy remains relatively buoyant. meanwhile, spain is suffering under record unemployment, and...
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tens of thousands of jobs. >> unemployment in southern europe is at 50%. there are fears that, for an entire generation, the loss of income creation in their youth will haunt them for a lifetime. >> literally millions are on the move in search of work, not only in southern europe, but ireland as well. educated and talented young people are forced to leave their family and friends to forge a better future for themselves. >> you can only guess at how hard the crisis has hit places like this, a working-class neighborhood in northern dublin. it is home to shannon baker, one of the nearly 170 5000 young people unemployed in ireland -- 175,000 young people unemployed in ireland. she is employed as a barmaid. >> you have to put so much work in, so much money into college, into training. nothing came of it. >> the northside partnership is a project dedicated to people like shannon, people with skills but few prospects. shannon says, in addition to the bad economy, many potential employers are prejudiced against young people at the beginning of their careers. >> mo
tens of thousands of jobs. >> unemployment in southern europe is at 50%. there are fears that, for an entire generation, the loss of income creation in their youth will haunt them for a lifetime. >> literally millions are on the move in search of work, not only in southern europe, but ireland as well. educated and talented young people are forced to leave their family and friends to forge a better future for themselves. >> you can only guess at how hard the crisis has hit...
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again europe's facing dire warnings over soaring youth unemployment rate labor and finance ministers from the largest to you nation to say that if no action is taken now an entire generation could fall by the wayside say look how it shapes up seven point five million people under the age of twenty five and now to work across the block these figures particular in the south in southern europe their youth unemployment in greece and in spain over fifty percent meantime the president of france where more than a quarter of youngsters a jobless has warned that the situation is becoming dangerous francois spoke of anger and hatred brewing among young people while they governments fail to improve their prospects economist dr stephen davis told us that the situation he worries too is a ticking time bomb. it's actually a minor miracle that this hasn't lead to more serious social and political unrest and it has already one of the things that history tells us is that lots of only employed young men is a very very dangerous situation that's the kind of thing that historically can lead to really se
again europe's facing dire warnings over soaring youth unemployment rate labor and finance ministers from the largest to you nation to say that if no action is taken now an entire generation could fall by the wayside say look how it shapes up seven point five million people under the age of twenty five and now to work across the block these figures particular in the south in southern europe their youth unemployment in greece and in spain over fifty percent meantime the president of france where...
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here in europe. where i think it's it has soul to do with the current crisis is the fact that. the industry in europe is receding but it is a long term trend in terms of losing market shares in many countries so just to confirm that the almost twenty seven million i thought if i'm not mistaken unemployed in europe it's still hard to find at least five hundred thousand engineers that they're saying now and i think the skill mismatch as we can call it is a concern but it's only of very a part of the of the problems in southern europe you also have the the cost and price competitiveness of of those countries you have the question of the mix of what you produce what you can export but certainly yes. skill mismatches and so rightly pointed out thank you very much for that well if you just look at the industrial production numbers are right now in the e.u. with still more than that via ten percent below its pre-crisis high in two thousand and eight but again europe's competitiveness comes to the forefront even more as leaders are still struggling to find a sustainable growth a proces
here in europe. where i think it's it has soul to do with the current crisis is the fact that. the industry in europe is receding but it is a long term trend in terms of losing market shares in many countries so just to confirm that the almost twenty seven million i thought if i'm not mistaken unemployed in europe it's still hard to find at least five hundred thousand engineers that they're saying now and i think the skill mismatch as we can call it is a concern but it's only of very a part of...
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as we've just heard the concerns being voiced across europe over the lifting of the ban now they say the arms a could easily reach the extremist groups fighting in the ranks of the opposition forces now allegations of torture and human rights abuses at the hands of the rebels the situation could now deteriorate even further arms supplies or could also hamper any peace initiative there are also fears that more weapons will only feel the conflict in syria now despite the lifting of the ban and to war activism richard baca says the arms embargo would never stop western supporters of the opposition. the arms embargo is a bit of a fiction anyway they arms are pouring into the opposition in syria but for coming from qatar and saudi arabia there are undoubtedly be organized by the united states and the other nato powers where they really mean is that they want to send heavier weapons and because the opposition has suffered serious side effects recently and so we see it all out of push for as dr post peace conference approaches out of both a civil level and the military level to try to stren
as we've just heard the concerns being voiced across europe over the lifting of the ban now they say the arms a could easily reach the extremist groups fighting in the ranks of the opposition forces now allegations of torture and human rights abuses at the hands of the rebels the situation could now deteriorate even further arms supplies or could also hamper any peace initiative there are also fears that more weapons will only feel the conflict in syria now despite the lifting of the ban and to...
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May 8, 2013
05/13
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KQED
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is europe out of the woods? >> the ecb is finally coming to the rescue, so to the extent that it will last to start doing things very much like the rest of the global central banks. mario draggy has been forth withwith commentary, talking about having to be more create of. these were cut rates and earlier last week and they'll continue to do what they can do. they're a lot better shape than this time last year. >> speak from the portfolio management as pkt, it's hard to find value in the rising markets and when you look to europe i'm sure there's lots of value, and everyone is waitinging for the other shoe to drop. >> it's interesting, susie. you and i have talked for years and we talked about having exposure to europe and having a portion of your portfolio and at least having some exposure and what we've done for the last three months is having clients look at less european exposure and if you look at the earnings reporting season that has played out. some of those household name that have missed, europe has be
is europe out of the woods? >> the ecb is finally coming to the rescue, so to the extent that it will last to start doing things very much like the rest of the global central banks. mario draggy has been forth withwith commentary, talking about having to be more create of. these were cut rates and earlier last week and they'll continue to do what they can do. they're a lot better shape than this time last year. >> speak from the portfolio management as pkt, it's hard to find value...
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May 17, 2013
05/13
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CNBC
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>> well, i think now he's gone to europe. i'll tell you more of the interview later in the show when he talks about having been to extrasburg, yet he's critical of running of europe. but there's a greater understanding of how it works. i think he's just met more people and is growing, to be honest. >> yeah. he's on a journey like everybody else pps. >> yeah. >> is it raining there? >> it's always raining. >> have you ate much pastur while rur there 12347. >> peter. no, i happen. i'm opting, peter. >> could you switch to pastor, please, because you'll help out this next company i'm going to talk about, barillo. maybe jules can eat some between now and the next time we speak to her. i'm afraid the italian economy taking its toll on the barilla. citing falling sales in italy. italy surprisingly or unsurprisingly makes up 40% of global sales of barilla which makes bread and sauces. fiat marks the first increase since 2011 on vehicle sales with a 10% rise in registration. peugeot continued to struggle matching fiat's 10% dip. >> s
>> well, i think now he's gone to europe. i'll tell you more of the interview later in the show when he talks about having been to extrasburg, yet he's critical of running of europe. but there's a greater understanding of how it works. i think he's just met more people and is growing, to be honest. >> yeah. he's on a journey like everybody else pps. >> yeah. >> is it raining there? >> it's always raining. >> have you ate much pastur while rur there 12347....
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May 27, 2013
05/13
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CSPAN2
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they needed valets in europe as well. so he spent the next six years traveling around europe as a kind of itinerant waiter and valet, zigzagging from north to south and east to west. frederick also had a remarkable knack for acquiring languages, and i found a very revealing memoir by a visiting american reporter who ran into frederick in monte carlo where frederick was working for what was then and what still is the fanciest hotel in town and was struck by how pure frederick's french was. it sounded completely pa reese. but when he switched to english, it was a distinctive kind of southern black english he spoke. why was frederick in monte carlo? he was on his way to italy because he wanted to learn italian, and he had already been in german where he picked up quite a bit of that language. and uponty car low's also the place -- monte carlo's also the place where frederick's russian future somehow began to materialize before him. he subsequently said that a visiting russian nobleman hired him as a personal valet in monte c
they needed valets in europe as well. so he spent the next six years traveling around europe as a kind of itinerant waiter and valet, zigzagging from north to south and east to west. frederick also had a remarkable knack for acquiring languages, and i found a very revealing memoir by a visiting american reporter who ran into frederick in monte carlo where frederick was working for what was then and what still is the fanciest hotel in town and was struck by how pure frederick's french was. it...
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May 12, 2013
05/13
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KQED
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that's not europe's threat. the republicans know that the everyone wants to grow their market. >> where do you stand on this issue? >> i think it's one of the very few major league economic programs that would benefit the united states and europe. we need the larger markets. it's not going to be easy for some. this is the one way that both economies could grow between them and among them. >> you think it's a dream? >> i do. >> what do you think of the two congressmen advancing as a serious matter? >> i think it's a serious matter. >> what about the backing of the president? >> i think it's a terrific idea. it literally will explode the opportunity for the congressmen to work together. >> he had someone inside the administration keeping it alive. who was that? >> the guy is michael freeman. >> he got a new job. >> his new job is negotiating foreign trade with the u.s. >> so the president is a believer? >> of course. >> he has big people like anglo america, the chancellor of germany. >> if she moves in the directi
that's not europe's threat. the republicans know that the everyone wants to grow their market. >> where do you stand on this issue? >> i think it's one of the very few major league economic programs that would benefit the united states and europe. we need the larger markets. it's not going to be easy for some. this is the one way that both economies could grow between them and among them. >> you think it's a dream? >> i do. >> what do you think of the two...
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May 3, 2013
05/13
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KCSMMHZ
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is europe finally hitting the bottom of this crisis? we have reports that france and the netherlands are both faltering as well. >> no, i think the crisis is nowhere near the end. what these figures do -- they polarized the debate, sharpen the debate between those on one side led by german chancellor angela merkel, who say austerity is the way forward, and those who say we are being squeezed too tight. people will look at these figures and say this is evidence that the commission is applying the squeeze too tightly. we need more room for growth. he said we must do whatever we can to boost employment and to unlock growth. he did not suggest for a minute directly that the austerity program that the commission is following in most of these countries is wrong, but he hinted as much by, as you have indicated, saying countries like france and others before them will be given more time to reach a gdp target figures. there is concern that this proves that the austerity package, the severity of it, is just too much to bear. >> you say the commis
is europe finally hitting the bottom of this crisis? we have reports that france and the netherlands are both faltering as well. >> no, i think the crisis is nowhere near the end. what these figures do -- they polarized the debate, sharpen the debate between those on one side led by german chancellor angela merkel, who say austerity is the way forward, and those who say we are being squeezed too tight. people will look at these figures and say this is evidence that the commission is...
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May 31, 2013
05/13
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FBC
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but the bulk of the budget today whether europe or the u.s. this transfer or consumption ending and the evans is that diverts resources from far more productive resoues and if you do cost-benefit test and e transfer consumption spending looking at that types about lay. john: the port and the helpless? that is what the transfer payments are supsed to be. >> if you get the private sector growinghe four will be better off than he would much rather be pour in hong kong or singapore because you have a better future than france for the best you can hope for is the politicians will for ever tch you on the head to keep you dependent ward of the state. >> people now more than ever are graduating from iversity into a terrible job market usually having a degree in something that will not hp them. deal think this for job market is reflective of just a bad the economy or is there a fundamental problem with the educational system how we educate our students? >> it is aerna choice with a major and if it is not profitable that is your choice. but there's noth
but the bulk of the budget today whether europe or the u.s. this transfer or consumption ending and the evans is that diverts resources from far more productive resoues and if you do cost-benefit test and e transfer consumption spending looking at that types about lay. john: the port and the helpless? that is what the transfer payments are supsed to be. >> if you get the private sector growinghe four will be better off than he would much rather be pour in hong kong or singapore because...
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members of trust in the united europe as well. and atomic allegations iran that gives the go ahead for u.n. inspectors to visit one of its nuclear facilities only if they sign a protocol suspicions about the country's nuclear program we speak to the head of the international nuclear watchdog. the very latest developments this is. a double bomb attack in the iraqi border town of has been followed by another string of deadly explosions in the capital the five blasts in baghdad iraq's shiite neighborhoods killing sixteen in reading scores more least ten people died earlier blasts in a town near the border with iran. the situation let's cross to paula what more do we know about these attacks. well according to iraqi officials some five to six car bombs we're hearing different figures have exploded in the shiite neighborhoods of the capital city of baghdad now police officials say that the blast struck bus stations as well as outdoor markets on monday morning what officials are also saying is that each bomb happened in a different plac
members of trust in the united europe as well. and atomic allegations iran that gives the go ahead for u.n. inspectors to visit one of its nuclear facilities only if they sign a protocol suspicions about the country's nuclear program we speak to the head of the international nuclear watchdog. the very latest developments this is. a double bomb attack in the iraqi border town of has been followed by another string of deadly explosions in the capital the five blasts in baghdad iraq's shiite...
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well according to organizers protests a small walks of life across europe descended on frankfurt but what do they think they can really achieve that's the question let's try to get some answers michael ross he's chief editor of the european financial blog m.m.u. you say that michael kind of ironic isn't it that they're carrying out these protests against austerity in the country that almost kind of got it right about and it's also at the same time a little bit late i mean five years now we're having a financial crisis and it's only know that the leftist groups have discovered this theme for their own aims so my opinion is ok we have some strange pictures there out of frankfurt but it doesn't represent the mood of the vast majority of the people here. to give you an example if they sell something to do with bankruptcy i mean if somebody is bankrupt the protests are senseless the bank will see bankruptcy this is what we have in greece and spain mourners ireland portugal you name it and so what to do i mean we in the western world have one problem we are all over debt and when your neig
well according to organizers protests a small walks of life across europe descended on frankfurt but what do they think they can really achieve that's the question let's try to get some answers michael ross he's chief editor of the european financial blog m.m.u. you say that michael kind of ironic isn't it that they're carrying out these protests against austerity in the country that almost kind of got it right about and it's also at the same time a little bit late i mean five years now we're...
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May 25, 2013
05/13
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LINKTV
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on japanese -- the premier the first trip to europe. whyup with the freeze, parts of europe are experiencing such exceptional weather for this time of year. club the most prestigious soccer match in the world and for the first time in its history, the champions league pick two german teams against each other in england's wembley stadium. tens of thousands of germans are converging on london for the big showdown. a few hours ago, the departure was filled with fans and it was similar in munich and elsewhere across europe. in a moment, we will hear from one of our reporters on the ground in london. first, the preparations being made by the clubs, and how they rate their chances of success. >> the munich squad went through some final training drills on .he hollowed wembley pitch they will be contesting their. champions league final in four years and this time they intend to win it all. .> we have made progress the team has proved it can perform well in critical situations, under pressure. a leagueclinching title earlier in the season than e
on japanese -- the premier the first trip to europe. whyup with the freeze, parts of europe are experiencing such exceptional weather for this time of year. club the most prestigious soccer match in the world and for the first time in its history, the champions league pick two german teams against each other in england's wembley stadium. tens of thousands of germans are converging on london for the big showdown. a few hours ago, the departure was filled with fans and it was similar in munich...
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May 4, 2013
05/13
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CNNW
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in europe you've seen it to an extreme. they can't stimulate their economies easily with their federal bank. they're a bunch of countries. it's not centralized. they're not dealing with it on a fiscal basis. you actually have actual depressions in parts of europe instead of just, you know, the slow uneven recovery that we've had to experience. we're much better off. that said, we could be much, much better off. we could be to escape velocity now where the unemployment rate is plummeting instead of edging down each month by a tenth or so. or we can see participation rope coming back. and we would be seeing that if we didn't lose a percent and three quarters to a fiscal policy this year. >> and that's how much you think we're going to lose? >> that's how much we'll lose if they keep the sequester going through september. it looks like right now they're not willing to compromise enough on it. that's unfortunate. you saw some movement in this direction and now there's backtracking again. i have hope that they'll figure it out a
in europe you've seen it to an extreme. they can't stimulate their economies easily with their federal bank. they're a bunch of countries. it's not centralized. they're not dealing with it on a fiscal basis. you actually have actual depressions in parts of europe instead of just, you know, the slow uneven recovery that we've had to experience. we're much better off. that said, we could be much, much better off. we could be to escape velocity now where the unemployment rate is plummeting instead...
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in europe struggle to avoid a trade war as the e.u. threatens to make beijing pay more to sell its products below market value.
in europe struggle to avoid a trade war as the e.u. threatens to make beijing pay more to sell its products below market value.
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certainly in southern europe but as you saw today there was. a huge amount of people rioting outside d.c. b. i think as we come into the orden we will have a late summer of discontent in terms of the lack of new action in terms of the unemployment lack of understanding for wired low interest rate is not benefiting the eighty percent of the economy resists and remains the isn't me. and it's time now it is a quick look at the markets first to europe that really stole the spotlight on friday european stocks dropped as traders viewed record high unemployment obviously as a sign of weakness this marks chiu consecutive weekly losses for a london's footsie for the first time since november the european currency drop on friday from the highest level in about three weeks versus the dollar amid all the those disappointing statistics here last cruise you can see the ruble lost value to both the u.s. dollar and the euro on wall street where trade is in full swing this hour the main indices are lower the s. and p. was shedding value earlier but now the dow
certainly in southern europe but as you saw today there was. a huge amount of people rioting outside d.c. b. i think as we come into the orden we will have a late summer of discontent in terms of the lack of new action in terms of the unemployment lack of understanding for wired low interest rate is not benefiting the eighty percent of the economy resists and remains the isn't me. and it's time now it is a quick look at the markets first to europe that really stole the spotlight on friday...
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May 19, 2013
05/13
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CNN
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and the failure to get credit going again in the periphery of europe. not only huge budget cuts, but very, very tight access to credit and where is the growth they're going to come from? one part of the comparison of the u.s. is, u.s. didn't have so much tightening, fiscal tightening, although now it has more. the u.s. got to grips. it cleaned up the banks and recapitalized them and we kind of got that bit of the crisis out of the way europe hasn't done that. and the fed, those three are different in europe. >> i have to ask you about the irs. the irs commissioner, some people were appointed by bush. do you know any of them and do you have any thoughts about this irs issue? >> i don't know the individuals at the irs but it raises an important point that people have gotten and one that they haven't. the one they have gotten any abuse of power needs to be investigated. both sides would agree with that. but the part that is really subtle is the fact that there is actually value in a lot of political competition. i don't happen to be part of the tea party,
and the failure to get credit going again in the periphery of europe. not only huge budget cuts, but very, very tight access to credit and where is the growth they're going to come from? one part of the comparison of the u.s. is, u.s. didn't have so much tightening, fiscal tightening, although now it has more. the u.s. got to grips. it cleaned up the banks and recapitalized them and we kind of got that bit of the crisis out of the way europe hasn't done that. and the fed, those three are...
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May 29, 2013
05/13
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LINKTV
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europe's new plans to help workers travel to where the jobs are. the syrian arms race is accelerating. rushes to ship antiaircraft missiles to the government and a lifting onalled armed rebels. >> these are the weapons that are causing so much controversy. a shipment of best 300 russian surface-to-air missiles designed to defend against aircraft and cruise missile of tax. -- cruise missile attacks. russia says it is merely fulfilling treaty agreements. but we believe such steps very much restrain some hotheads to transform this conflict into an international conflict with outside forces taking part. , perhaps likeces israel, in the event it launches more strikes inside syria, like this one which started military facilities outside of damascus earlier this month. the shipments are not on their way yet. i hope they will not leave. , they reachfor bid syria, we will know what to do. aimed at the eu saying that they aim to derail peace talks in geneva next month. >> the european union is pouring more fuel on the fire of this conflict. it is damaging ho
europe's new plans to help workers travel to where the jobs are. the syrian arms race is accelerating. rushes to ship antiaircraft missiles to the government and a lifting onalled armed rebels. >> these are the weapons that are causing so much controversy. a shipment of best 300 russian surface-to-air missiles designed to defend against aircraft and cruise missile of tax. -- cruise missile attacks. russia says it is merely fulfilling treaty agreements. but we believe such steps very much...
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May 17, 2013
05/13
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LINKTV
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world market prices for sugar are considerably lower than those in europe. >> car sales in europe have increased for the first time in 18 months, giving rise to hopes that the state of the battered auto industry may be improving. european automate this association says new car registration rose by 1.7% in april despite a slumping economy and growing unemployment. sales are up in germany while the drop in france and in italy. moving on to equities, stocks in europe have surged by about 10% over the past month. >> that is due in part to the european central bank's recent rate cut, and investors are jumping on every debt trying to make up for the losses of the past. >> private investors are fighting for a piece of the action in frankfurt. for two weeks, the dax has sailed from one all-time high to the next, fuelled by private investors eager to get their share of returns. it has taken time for small investors to find their pluck again. many lost savings in the financial crisis. in 2008, the dax followed thelun brothers wentt. then came europe's debt crisis, but since ecb chief mario drug
world market prices for sugar are considerably lower than those in europe. >> car sales in europe have increased for the first time in 18 months, giving rise to hopes that the state of the battered auto industry may be improving. european automate this association says new car registration rose by 1.7% in april despite a slumping economy and growing unemployment. sales are up in germany while the drop in france and in italy. moving on to equities, stocks in europe have surged by about 10%...
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about houses of asia and europe struggle to avoid a trade war as the e.u. threatens to make beijing pay more to sell its products below the market and. international news live from moscow this is also you with me hello and welcome to the program. and france are pushing to be allowed to supply weapons to the sewer and rebels and will be e.u. arms embargo in the conflict torn country lifted the sanctions expire on friday and for now most european union members are strongly against arming the opposition this comes as top russian and u.s. diplomats are about to discuss final preparations for next month's international conference in syria has to saucy there has the latest. we have the u.k. and france who are aggressively pushing for a lifting partial lifting of that embargo on syria in order to said to the rebels the u.k. your foreign secretary william hague is trying to get the other e.u. members to agree with him that arming the a moderate is arming the so-called moderate rebels in syria also france's leaders have been particularly aggressive in trying to lobb
about houses of asia and europe struggle to avoid a trade war as the e.u. threatens to make beijing pay more to sell its products below the market and. international news live from moscow this is also you with me hello and welcome to the program. and france are pushing to be allowed to supply weapons to the sewer and rebels and will be e.u. arms embargo in the conflict torn country lifted the sanctions expire on friday and for now most european union members are strongly against arming the...
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May 22, 2013
05/13
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CNBC
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time and again, ge's weakness has gone back to europe and europe. this is one of the stocks where if a big institutional investor wanted exposure, he would pick up the phone and buy two million shares of ge, what's known as on the line without so much as moving the stock. this is the heaviest and most liquid stock out there with the buyback that hasn't reduced the float unlike so many other industrials. and add 10.6 billion shares. plenty for any large institution to get instant exposure to europe. at times like this the mutual funds and hedge funds thrive on liquidity. they want to come in and buy something without moving the stock higher. the slug that is general electric fits the bill perfectly. the most important thing, don't wait for ceo jeff immelt to say europe's great. listen, that's just the way it works. you cannot wait for the company to tell you things are getting better. because at that point the easy money has already been made. ge is way behind the market, as my charitable trust knows all too well. but maybe that's where the advantage
time and again, ge's weakness has gone back to europe and europe. this is one of the stocks where if a big institutional investor wanted exposure, he would pick up the phone and buy two million shares of ge, what's known as on the line without so much as moving the stock. this is the heaviest and most liquid stock out there with the buyback that hasn't reduced the float unlike so many other industrials. and add 10.6 billion shares. plenty for any large institution to get instant exposure to...
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May 31, 2013
05/13
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CNBC
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done some research about where the strong banks are in europe at the moment. are we still seeing a lot of the weakness that was there a year, two years ago, persisting in periphery euro? >> well, i think many of the banks have recapitalized. there's less liquidity concerns with the ecb action. italy and spain, a two-tier banking system is starting to development. but generally speaking, there is a slow de-lev raemging trajectory. banks have delevered $2 trillion of assets over the last year in europe. >> 2 trillion?
done some research about where the strong banks are in europe at the moment. are we still seeing a lot of the weakness that was there a year, two years ago, persisting in periphery euro? >> well, i think many of the banks have recapitalized. there's less liquidity concerns with the ecb action. italy and spain, a two-tier banking system is starting to development. but generally speaking, there is a slow de-lev raemging trajectory. banks have delevered $2 trillion of assets over the last...
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paid for greece political analysts young it says chinese money is crucial the debt stricken europe the recent statistics show that china has increasingly being active in investing in europe therefore investment from china is very important or has become very important for some e.u. economies in. kind of recovery that's not surprising that a number of you politicians or government leaders actually go to china for some kind of help you is very important for china in terms of strategic relationship but they're also most importantly in trade an economic relationship and germany is the biggest kind of trading partner of china of all you countries and strategically also important the row therefore it's not surprising the prime minister. chooses to visit germany. as the first you country he visited. the financial doldrums and toughening austerity the u.k. economy has managed to show a weak growth of no point three percent in the first quarter of this year british industrial output has beat forecasts performing stronger than expected but as r.t. sara firth reports while it might have dispelled
paid for greece political analysts young it says chinese money is crucial the debt stricken europe the recent statistics show that china has increasingly being active in investing in europe therefore investment from china is very important or has become very important for some e.u. economies in. kind of recovery that's not surprising that a number of you politicians or government leaders actually go to china for some kind of help you is very important for china in terms of strategic...